Level 4 house with Thai roof with mezzanine in the countryside A model of a level 4 house with a mezzanine in the city Normally, level 4 houses are built on a modest ground, so the mezzanine design is considered an effective way to increase the usable area of ​​​​the house without causing its height to change. The mezzanine (or mezzanine floor, loft) is an intermediate floor, designed to connect with the ground floor and used as a space for resting, reading, worshiping… The model house level 4 has a mezzanine that is both beautiful and economical. Save the living space for the family as well as create a highlight for the house. Even if the owner uses the first floor for business, the living room can be moved to the mezzanine so that the family can both receive guests and observe the trading on the first floor. House space with mezzanine Currently, there are several types of mezzanines that are chosen by many people such as the front mezzanine, the side mezzanine and the in-room mezzanine. In particular, the front mezzanine is used a lot because it makes a strong impression when entering the living room, creating a new and attractive feeling. The mezzanine on the side brings novelty, uniqueness and personality, but must ensure the area is large enough because this type of design requires a spacious space. The mezzanine in the room is often arranged on the toilet, creating a workspace or reading place. However, to be able to find a beautiful mezzanine house design idea and suitable for the needs of the family, homeowners need to have a good construction plan. It is necessary to determine the available space, choose the most suitable material for the structure of the building and, importantly, choose the height of the mezzanine. It is necessary to avoid the design of the mezzanine that is too high or too low to affect the daily activities of family members. In addition, it is necessary to calculate in the most meticulous and detailed way the ventilation and air circulation capacity by using the appropriate light sources of the mezzanine. The height of the mezzanine must be suitable so as not to create a sense of mystery or shock for occupants. According to many architects, the height of the mezzanine should fall between 2.5m – 2.8m, the mezzanine should not be designed lower than this minimum height to avoid causing a feeling of mystery and suppression for users use; but also should not be too much higher because it makes people feel dizzy and lose their aesthetics. For a house with depth, homeowners can design a mezzanine located in the ground floor and used as a common living place. Floors with mezzanines usually have to be 4.5m – 5m high, mezzanine floors need to be designed to occupy 2/3 of the area of ​​a floor. Mezzanine design should not occupy more than 80% of the ground floor area. In particular, in Vietnam, when designing mezzanine floors, great attention must be paid so as not to violate the Construction Law; For example, if the owner fills the atrium in the mezzanine floor, it will be considered an act of building more than the allowed number of floors and will be fined. Some of the most popular indoor mezzanine models today:

When the sales of developers such as China Merchants Shekou, China Shipping, Poly, and China Resources, which are also central enterprises, have reached hundreds of billions in sales, CCCC Real Estate’s 100 billion progress bar has just passed halfway.

In 2020, under the leadership of then President Li Yongqian, CCCC Real Estate achieved contracted sales of 53.3 billion yuan, fulfilling its sales target for that year. Due to the desire for scale, CCCC Real Estate will be quite aggressive in 2020. The company added 30 new land in the whole year, twice the amount in 2019, and its floor space has increased by 176.90% year-on-year to 6,355,900 square meters.

After a brief victory, the plight of CCCC Real Estate became more and more obvious. Even if the scale exceeds 50 billion yuan, the company’s profitability continues to fall, and the debt indicator has stepped on two red lines in a row. How to balance the scale and debt has become a difficult problem for CCCC Real Estate.

Three delays in accounts payable

After the transfer of assets to return funds, borrowing from the parent company’s real estate group, and the transfer of surplus funds from affiliated companies, CCCC Real Estate has launched a new round of financing measures.

On June 14, CCCC Real Estate disclosed that the company plans to carry out non-standard supply chain financial asset securitization business with Ping An Wealth Management and Centennial Asset Management, with a total financing of no more than 3 billion yuan, mainly for payment of the project company’s accounts payable .

CCCC Real Estate said that this non-standard supply chain financial asset securitization business can extend the payment period of the company’s accounts payable, effectively alleviate the company’s short-term cash flow pressure, and optimize the liability structure.

This is not the first time that CCCC Real Estate has adopted this method to extend the payment time of accounts payable.

On January 14, CCCC Real Estate announced that in order to speed up capital turnover and increase capital utilization, the company and its subsidiaries intend to cooperate with the Bank of East Asia in refactoring business. The latter will provide CCCC Real Estate with a total of 400 million yuan. The re-factoring limit, the subject of the transaction is the accounts payable of the subsidiary of CCCC Real Estate, that is, the accounts receivable of the corresponding supplier.

The specific business content is that the supplier transfers the accounts receivable to the factor. The Bank of East Asia agrees to accept the transfer of the accounts receivable from the factor after confirming that the accounts receivable meets the agreed conditions, and the Bank of East Asia will guarantee the transfer of the accounts receivable. The manager provides non-recourse re-factoring services, and CCCC Real Estate acts as the co-payer of its subsidiaries.

Guan Rongxue, an analyst at the Zhuge Housing Data Research Center, told reporters that the cooperation between real estate companies and insurance companies to carry out non-standard supply chain financial asset securitization business is one of the ways that companies often use to ease short-term cash flow pressure. But the same operation three times in a row in six months can’t help but make people question, is the short-term cash flow of CCCC Real Estate already so tight?

According to data, as of the end of 2020, the amount of CCCC Real Estate’s accounts payable was 8.961 billion yuan, an increase of 48.45% from the 6.036 billion yuan in 2019, all of which must be paid within one year.

The “International Finance News” reporter noted that the substantial increase in the accounts payable of CCCC Real Estate that year was mainly due to the increase in land payables. In 2020, CCCC Real Estate added 2.577 billion yuan in land payables, and the company did not have such expenditures in 2019.

In the same year, CCCC Real Estate’s short-term loans amounted to 2.239 billion yuan, and non-current liabilities due within one year were about 5.819 billion yuan. If the accounts payable of 8.961 billion yuan are included, the company’s short-term debt level reaches 17.019 billion yuan, and the corresponding monetary capital in the same period is only 11.534 billion yuan, which is obviously out of balance.

From this point of view, it is understandable that CCCC Real Estate has extended the payment time of accounts payable many times.

Dilemma

But it is obviously not enough to relieve financial pressure in this way.

On June 14, CCCC Real Estate also disclosed an announcement on providing counter-guarantees to related parties for the issuance of corporate bonds. According to the announcement, CCCC Real Estate intends to publicly issue corporate bonds of no more than 1.2 billion yuan. The controlling shareholder of the real estate group will provide joint liability guarantee guarantee, and CCCC Real Estate will provide counter-guarantee for it.

After several rounds of financing, it is not clear how much breathing space China Communications Land has to compete for. However, from the current situation, reducing debt is quite important for the company.

According to data from the Shell Research Institute, in 2020, CCCC Real Estate’s debt-to-asset ratio after excluding advance receipts is 83.4%, exceeding the 70% red line; the net debt ratio is 296.4%, an increase of approximately 146.2 percentage points year-on-year; the cash short-term debt ratio is 1.43 , Step on two lines.

According to the “three red lines” financing rules, real estate companies that stepped on the two “red lines” will be classified as “orange files”, and the annual growth rate of the scale of corporate interest-bearing liabilities shall not exceed 5%. Therefore, if the debt level is not optimized, the already weak CCCC Real Estate will be restricted in financing, and it will be more difficult for the company to move closer in scale.

Guan Rongxue told reporters that the current dilemma of CCCC Real Estate is that, on the one hand, the company is inefficient in the process of resource integration, and on the other hand, it is because the company pursues large-scale acquisition of mergers and acquisitions projects and large-scale expansion of land reserves.

According to Guan Rongxue, although the development of non-standard business has extended the debt period, CCCC Real Estate’s long-term cash flow pressure still exists.

As of the first quarter of 2021, CCCC Real Estate’s short-term borrowings have fallen to 890 million yuan, but the bills payable in the same period has increased by 57.523% compared with 2020 to 37.054 million yuan, and long-term borrowings have increased by 43.5% compared with 2020 to 35.678 billion yuan. Bonds have also increased from 5.011 billion yuan in 2020 to 8.144 billion yuan.

In addition, due to the increase in short-term loans payable to shareholders, other payables of CCCC Real Estate also increased by 217.93% from 2020 to 6.93 billion yuan. With the continuous support of the parent company, the amount of this part of the funds may remain high in the short term.

Under the high pressure of debt, CCCC Real Estate continues to provide guarantees for its holding subsidiaries and shareholding companies. As of May 31, the balance of guarantees between its holding subsidiaries and holding subsidiaries was 12.357 billion yuan, accounting for 403.64% of the net assets attributable to the parent at the end of 2020; the balance of guarantees for participating companies that were not in the scope of the consolidated statement was 2.107 billion yuan , Accounting for 68.82% of the parent’s net assets at the end of 2020.

For most students, it will take several years to buy a new machine, and occasionally use it to play games, flagship performance is very important. The realme GT Neo flash version is equipped with a 1200 flagship processor, adopts TSMC’s new 6nm process technology, and is equipped with 3D tempered VC heat dissipation. It has top flagship performance and can meet the needs of game performance. On this basis, the realme GT Neo flash version has a maximum saving of 300, and the minimum is a large memory version of 8GB+256GB, which can fully meet the long-term storage needs, and it is not a problem to use it for four years at a time.

On the basis of sufficient performance, realme understands the students’ unwillingness to compromise on texture. Realme GT Neo Flash Edition is the only flagship phone with 2,000 grades of plain leather. On the basis of the plain leather material, this phone adopts the plain leather splicing process, which not only has excellent appearance, but also has excellent anti-fouling and anti-fingerprint capabilities, and the texture is not inferior to the high-priced flagship. At the same time, this phone has good control over the inside of the fuselage. The weight of the fuselage is only 179 grams. With the plain leather material, the fuselage feels quite advantageous at the same price.

Realme GT Neo is a 2,000-priced model. With flagship performance and excellent texture, the overall experience has not shrunk. It is equipped with a Samsung OLED screen with a high refresh rate of 120Hz. In addition to the high refresh rate, it has a 360Hz touch sampling rate, 100% DCI-P3 wide color gamut and under-screen fingerprint recognition, which can fully meet the needs of daily use. At the same time, this mobile phone’s high-quality and excellent dual speakers support dual certification of contrast panoramic sound and Hi-Res, coupled with a good linear motor, can bring a sufficiently immersive gaming experience, which is very helpful for students playing games in the summer.

Of course, the realme GT Neo flash version has not forgotten to work hard on battery life experience and shooting capabilities, among which the charging capability is a fairly obvious upgrade. This phone has a 4500mAh battery and is equipped with a top-of-the-line 65W smart flash charge. It only takes 35 minutes to fully charge the large battery. Generally, the time to wash and eat in the morning is sufficient. You don’t have to deliberately charge the phone at night. At the same time, the 65W smart flash charging can maintain high-speed charging under the bright screen, and it can be fully charged while playing, which is very suitable for users who like high-intensity. In addition, the realme GT Neo flash version is equipped with a 64-megapixel three-camera combination, which is completely sufficient for daily shooting and graduation souvenirs.

“Mermaid diving is developing very quickly in China,” said Mr. Yan Lou, president of PADI (Association of Professional Diving Instructors) in the country of billions of people. On April 28, more than 100 “mermaids” appeared at the Ambassador Lagoonkhu hotel aquarium at Atlantis Sanya resort (China). This activity aims to break the Guinness record for the largest mermaid diving show in the world, on the occasion of the resort’s 3rd anniversary. After this activity, PADI launched 4 mermaid diving courses from basic to advanced. These courses are all very popular in China. “After admiring the beautiful images of the mermaids, the audience seemed to immediately want to take the course. Within four months of its launch, mermaid courses accounted for 30% of local certifications in China,” said Lou. The mermaid diving performance at Atlantis Sanya set a Guinness record. Photo: CNN. Corinna Davids, the head of development for mermaid dive courses offered by SSI (Diving Society International), also confirms this trend. “There is a huge demand for mermaid diving lessons in China. The sport has grown exponentially since we started rolling out in 2017,” she said. SSI has offered independent mermaid diving courses at more than 3,000 locations worldwide. “We now have more than 1,000 mermaid trainers in China and the sport is growing rapidly. This sport is also a bridge to help scuba diving and freediving become more known in this country,” added Davids. Attraction from the ocean Similar to freediving, the “mermaids” do not use any oxygen or support equipment other than a fishtail. “Wearing a fishtail restricts leg movement, making diving more difficult. Divers must use their belly and waist to move. This requires a long time of practice to be able to move smoothly and gracefully like a real mermaid”, said Dada Li, one of the pioneers in mermaid diving and also the PADI representative at China, said. China is a very potential market for mermaid diving. Photo: Xinhua. In 2015, Li completed an international course in freediving instruction and became the first female freediving instructor in China. In the same year, she established a professional team of mermaid divers to perform at aquariums and underwater events in China. Thanks to their meticulousness and skillful technique, the mermaids make the audience admire. The spread on social networks also helps these professions begin to become more widely known. China is also home to some of the youngest divers in the world. In addition, women in this country make up the largest proportion of divers in the world (nearly 50%). The mermaid diving show is loved by many people because of its beauty. Photo: Werner Lau. “Mermaid diving is often seen as an activity for children or women. However, we can guarantee that this is the right sport for everyone. My husband loves it too,” Davids said. Compared to freediving or scuba diving courses, mermaid diving focuses on fun, safety and enjoyment of life. This subject is for those who are not afraid to go into the water and have a love for the ocean. “As a freedom-loving person, I feel like I’ve turned into a real mermaid when diving, able to go anywhere I want,” Li said.

March 18, Sports Illustrated Post pictures of Japanese-born models Yumi Nu . She is the first Asian plus-size model to be photographed by Swimsuit Magazine. This marks an important milestone in Yumi Nu’s career. During her teenage years, she experienced body insecurities and came across racial discrimination. With a height of 1.80 m, Nu pursued a modeling career at the age of 12. Overcoming many prejudices, she was determined to conquer her fashion dream. Image: Yumi Nu. Robyn Lawley She has been a model since 2006. She is the first plus-size model to have a photo published in the magazine Sports Illustrated (2015). She was also the first plus-size model of the Ralph Lauren fashion house. Image: Robyn Lawley. Ashley Graham is the first size 16 model (measurement of 3 rings is about 107-76-117 cm) first to take a photo of the cover of a swimsuit magazine Sports Illustrated . In Milan Fashion Week Spring – Summer 2021, Ashley Graham reappears on the runway of Fendi, Etro after maternity leave. Before that, long legs born in 1987 walked the catwalk at the show Tommy Hilfiger, Prabal Gurung, Michael Kors, Dolce & Gabbana, H&M, Christian Siriano… Graham also participated in the advertising campaigns of Lane Bryant, Levi’s, Marina Rinaldi, Addition Elle, Nordstrom, Target… Photo: Etro, Fendi. At the age of 14, Crystal Renn debuted as a “straight-size” model (standard size). After that, she rejoined the fashion industry, becoming a plus size model with skyrocketing success. Renn was once considered the most famous plus-size model with the highest salary. She walked the catwalk at shows Zac Posen, Jean Paul Gaultier and especially Chanel. At the 2011 resort show, Crystal Renn became the first oversized model to appear on the runway of the French fashion house. Besides, she also acted in commercials for Philipp Plein, Dolce & Gabbana, Jimmy Choo, Barneys New York, Saks Fifth Avenue… Photo: Glamor. Precious Lee was the first African-American plus-size model to appear on Vogue America. Lee strives to be a pioneer in the modeling world. She strode on the runway at the Versace, Savage x Fenty show in the Spring-Summer 2021 fashion season. Precious Lee also acted in ads for Marc Jacobs, Miu Miu, a fashion house founded by sisters Kim and Khloe Kardashian. Image: Versace. Jennifer Atilemile She is the first full-fledged model of Australian origin to sign a contract with Victoria’s Secret. She also walked the catwalk at fashion shows Tommy Hilfiger, Christian Siriano and Bloomingdales. Image: Jennifer Atilemile. Year 2014, Denise Bidot became the first plus-size model to take part in two shows at New York Fashion Week . Besides, she also accepted job offers from Chromat, Nordstrom and Lane Bryant. Image: Denise Bidot. Kate Wasley contributed to the expansion of the size range of sportswear brand Lorna Jane. Before that, the company only provided straight-size clothes. Wasley was the first plump model to work for the brand. Image: The West Australian. Georgia Pratt Started a career in the fashion industry as a designer. She quickly switched to modeling and achieved much success. Pratt became the first plus-size model on the runway of fashion house Christian Siriano. Image: Christian Siriano. Year 2014, Denise Bidot gained attention as the first plus-size model to walk the catwalk for Chromat and Serena Williams. These two brands originally produced straight-size clothing. Image: Self. Models dropped their shoes on the catwalk Despite having problems with shoes on the catwalk, many models still confidently strode in the excitement of the audience.

As the World Health Organization (WHO) warns, Cambodia is on the brink of disaster, if the people and the Government do not agree to join hands to fight the epidemic, the consequences are unpredictable. More than a year ago, since the epidemic began appearing in early 2020 and until February this year, Cambodia has successfully prevented, only about 500 cases of Covid-19 and no one died. Doctors take samples of Covid-19 for people However, since the outbreak in the community on February 20 until now, Cambodia has found more than 8,100 people infected with Covid-19, more than 5,200 people are being treated and 59 people have died. Phnom Penh capital alone has about 6,000 cases. With the sudden increase in the number of Covid-19 cases, hospitals have become overwhelmed, and some Covid-19 patients have had to self-treat at home. Facing the urgent situation, the Cambodian government had to apply drastic measures such as blocking the entire capital of Phnom Penh and the adjacent city of Ta Khmao for the first time, setting up a curfew, prohibiting travel between localities. , and the creation of “red zones” – high-risk zones in the capital, to stop the infection chain. The blockade order was issued on the night of April 14 and was applied immediately on April 15, so many Cambodians were surprised. When the blockade was executed, people’s lives were more difficult than before, both because of the loss or loss of jobs, and because of isolation and blockade, there were also some people reacting to this order. . But until now, after the propaganda of the government, a large number of people have supported the blockade order, and determined that this is a necessary step to control the epidemic. Economic activity is affected, the government implements support policies In recent years, the Government of Cambodia has used limited and phased administrative measures to ensure efficiency in preventing epidemics and minimizing the impact on the country’s economy. The government also decentralizes the provinces to decide on their own measures of travel restriction, curfew or blockade in their own areas to proactively respond. Accordingly, Preah Sihanouk province has banned people from entering and leaving the province from March 4, the capital Phnom Penh ordered a curfew from 8:00 pm to 5:00 am from April 1, many other provinces such as Kampong Speu, Sieam Reap later That also imposed a curfew in the evening, on April 7, the Cambodian government banned travel between provinces and now the capital Phnom Penh and Takhmao city are completely blocked. The curfew, travel restriction or blockade has affected economic activities, trade of people as well as made the lives of many families difficult. Especially, most affected are those who work in service, food, and unskilled jobs because most of them do not have savings or savings. However, the Government of Cambodia does not ban goods transportation, even encourages businesses to maintain food and food supply activities to ensure people’s lives. The government also has policies to support money, food, food, asking property owners to exempt or reduce rent, banks relax debts and not charge interest to reduce the burden on households suffering from effects of the disease. Coping scripts Covid-19 of Cambodia The epidemic situation in Cambodia is still in a very stressful period with hundreds of new cases detected every day despite drastic measures of the government. Up to now, there have been more than 8,100 cases of Covid-19, of which 7,648 were related to the public infection on February 20. This situation requires the Government of Cambodia to continue to take more effective measures to curb and stop the spread of the disease. After applying a blockade measure with the capital Phnom Penh and Takhmao city, the Phnom Penh government has stepped up a step further by zoning the “red zone” with some high-risk areas, people in This is prohibited from leaving the home for any reason other than medical. Food quantity and food are also transported by the government to the front door of the households. If other regions have more Covid-19 cases, these “red zones” will expand. The government also leaves open the possibility of prolonging the blockade time if the situation does not change positively. In addition to maintaining and controlling strict implementation of the blockade, the Cambodian government also resumed its Covid-19 vaccination campaign with the goal of vaccinating 1 million people a month and will soon vaccinate about 80 people. % of population equivalent to 13 million people. Up to now, Cambodia has injected nearly 1.3 million people, equivalent to 1/16 of the country’s population. Cambodia is one of the countries with the highest proportion of people vaccinated against Covid-19 in the region.